Carroll County Memorial Hospital
Nonprofit profile at a glance
- EIN
- 440629397
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Carrollton, Missouri, US
- Phone
- (660) 542-1695
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $49,843,827
- Expenses
- $48,153,703
- Assets
- $41,382,515
- Liabilities
- $7,609,200
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- Anna Barlow (President)
- Scott Thoreson (CEO)
Highest reported compensation
- Gregory Hubbard MD (Surgeon): $776,047 total reported compensation
- Richard Smith MD (Physician): $556,885 total reported compensation
- Jeremy Stayton MD (Surgeon): $514,834 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our dedicated Community Leaders and Hospital Executives share a strong passion for providing the best possible care to our community.
What it reported doing in 2024
Carroll County Memorial Hospital operates an acute care hospital located in Carrollton, Missouri. The Hospital also operates physician clinics and an independent living facility, all located in Carrollton, Missouri.Through the years we have helped generation after generation reach better health. Our organization has been striving to serve the needs of our region since we were established. We here at Carroll County Memorial Hospital are loyal to our community and will continue to strive for excellence in healthcare. Being part of the community has been an important goal throughout the years, and with your help and loyalty we can continue to provide health services that you can depend on.The Hospital provides financial assistance to patients with limited to no ability to pay for the healthcare services they receive. Patients who qualify for patient financial assistance are given a discount from established charges through the completion of the application for financial assistance based on the most recent published poverty guidelines. The Hospital determines the costs associated with providing patient financial assistance by aggregating the direct and indirect costs, including salaries, benefits, supplies and other operating expenses based on the overall cost-to-charge ratio. The costs of caring for these patients for the year ended Jun 30, 2025 was approximately $356,000.
Operating model
- Revenue model
- Other-operating. 98% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 72
- Accountability: 94
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80%; rating input score 80
- Program expense ratio: 82.7%; rating input score 83
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 10th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 90%; rating input score 90; 22nd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.4%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0.86; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0.18; rating input score 61; 61st percentile among comparable filings
- Officer compensation ratio: 7.5%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: 9.2% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 9.4% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 4.4% per year; rating input score 100; 31st percentile among comparable filings
Details
- What they do: 15 programs and campaigns described on the official site
- Where the money goes: 80% of revenue deployed · 82.7% of spending went to programs
- Governance: 9 of 10 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $39.8M in reported program spending
- Leadership: top reported pay $776K · 18 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.9M reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Operating margin scored 48/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.